Spreading the truth. Empowering the people.
By Tsvetana Paraskova Days before a widely expected official approval for what would be the world’s largest initial public offering (IPO) ever, Saudi Arabia delayed, yet again, the much-hyped listing of … Read more
via Zerohedge: One day after the repo market appeared to lock up again, when the Fed’s overnight repo operation was unexpectedly oversubscribed again, for the first time since September 25, … Read more
By Dagny Taggart The Affordable Care Act continues to be anything but affordable. In fact, the healthcare system in the US is in terrible financial shape. A new study has revealed that … Read more
A group of Italian Economists estimated in 2013 that the size of the international shadow banking system was around $67 Trillion USD. They used the widely observed economic relationship that … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But what happens if there’s actually a recession? The US gross national debt jumped by $110 billion on the last two business days of Fiscal Year … Read more
by Bix Weir from Road To Roota $55B today when ALL the “quarter end” troubles were supposed to be behind the banks…who could have predicted that? They will soon (in 2019) come to … Read more
By Irina Slav Reducing emissions in Poland to zero will cost the country between $760 and $980 billion (700-900 billion euro), said Energy Minister Krzysztof Tchorzewski, as quoted by Reuters. “Of course, … Read more
via MarketWatch: The number of U.S. companies whose bonds have a BBB credit rating is rising, and the risk of them being downgraded to “junk” is increasing, as they report … Read more
by Harry Dent via Economy & Markets I predicted in 1988 forward that the massive Baby Boom generation would peak in its spending by late 2007. Simply that 46-year lag for peak spending of … Read more
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A gigantic spike in 3 years. The UK dominates. By Nick Corbishley, for WOLF STREET: The volume of over-the-counter (OTC) interest rate derivatives traded globally soared by 141% in three years to … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Ginormous numbers, FX swaps and spot trades, USD, EUR, JPY, GBP, Australian & Canadian dollars… but where the heck is China’s CNY? It happens every three … Read more
This article was written by Mac Slavo and originally published at SHTFplan.com A new report has said that the real United States national debt could be well over what politicians tell … Read more
UPDATE: US budget deficit smashes $1 trillion mark, highest in 7 years The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first … Read more
via mises: Since the end of the Cold War in 1990, US defense spending has increased 182 percent in nominal terms, and 44 percent in inflation-adjusted terms. In inflation-adjusted terms, defense … Read more
Poll: Trump approval falls as majority of Americans brace for recession President Donald Trump’s job approval rating fell several points in a new survey, while Americans’ fears of a looming … Read more